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>>> this is "newsline." glad you to join us. it's friday, september 10th, 11:00 a.m. i'm catherine kobayashi. here are your updates. >>> nhk learned prime minister naoto kan has the lead over ichiro ozawa in the race for the democratic president of the party of japan. the winner will almost be confirmed by the diet as prime minister. in the election to take place on tuesday, votes will be tallied according to a point system with dpj diet members accounting for 822 points out of a total of 1,222. party members belonging to local government bodies have votes worth 100 points and rank and file party members are allocated 300 points. an nhk survey showed diet members are almost equally divided between kan and ozawa with each having about 180 lawmakers in his camp. the remaining lawmakers, about 50 in number, are undecided. more than half of the nearly 2,400 local government party members say they will support kan, while about 700 back ozawa. the remaining 500 are undecided. kan and ozawa will try to win over undecided lawmakers in a policy debate on friday and through other efforts in
>>> glad you could join us on this edition of "newsline." it's friday september 24th, 11:00 a.m. in tokyo. i'm catherine kobayashi. >>> japanese prime minister naoto kan and u.s. president barack obama held talks in new york on thursday. this was their second meeting since kan assumed office in june and was aimed at deepening the japan-u.s. alliance. kan was expected to explain his plan to steadily move forward with the relocation of the u.s. futenma air station in okinawa based on the bilateral agreement reached in may. he is also likely to have asked obama to help reduce the burden on the people of okinawa. the two leaders are also expected to have agreed to advance bilateral cooperation in wide-ranging areas, including the economy, security and development assistance. this year marks the 50th anniversary of the revision of the japan-u.s. security treaty. the two leaders are also likely to have exchanged views on the global economic situation. kan is believed to have explained to obama about the recent intervention by the japanese government in foreign exchange markets to st
's gains. ines matsuyama joins us with the details. >> that's right, catherine. good morning. wall street's rally spurred a rebound in tokyo stocks on thursday morning. investors helped push the nikkei average above the 9,000-yen level. the index ended the morning session at 9,035 points, up 1.2%, or 108 ticks from wednesday's close. sources say the stronger than expected data on u.s. manufacturers' business sentiment drove new york stocks up. that surge prompted investors in tokyo to go on a buying spree. >>> checking currencies, the dollar's hovering around a narrow range against the yen on thursday morning. it's currently at 84.33-35. while the euro's at 107.92-97. before the dollar started its slide, it gained against the yen, thanks to better than forecast u.s. manufacturing data. here's a look at the latest long-term interest rates. this is the yield on the benchmark ten-year japanese government bond. in other markets, hong kong's hang seng opened 1.2% higher. it's currently up 1.3%. the shanghai index for major blue chips is up 0.7%. and in shenzhen the sse composite is up 0.6%. >>
of this story. >>> over to the world of business. ines joins us now. >> the yen's appreciation against the dollar continues on the tokyo foreign exchange. the yen dipped tuesday morning. the greenback is changing hands at 83.46-47, while the euro is at 107.40. the dollar yet 43 yen earlier. that came as momentum carried over from earlier markets. many staying on the sidelines as japan's ruling democratic lawmakers prepare to vote for a new party leader later in the day. the result of the vote may accelerate the yen's rise. tokyo stocks moved within a narrow range on tuesday morning as investors waited to see whether the yen strengthens any further. the nikkei end the session at 9,300 on the dot, down 21 ticks. the broader base closing down 21 ticks. investors are shying away from active trading as they wait for results from the democratic election. here's a look at the long-term interesthe ten-year japanese government bond. the hang seng is up 0.3%. the shanghai up 0.6%. and the sse composite up 0.4%. >>> the euro zone's economy is predicted to grow at a rate of 1.7% this year, revise
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